Number of listed companies per 1,000,000 people by country

Number of publicly listed companies per 1,000,000 people. Number of listed domestic companies is the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles.

Countries reporting
97
Highest
406.25
Seychelles
Lowest
0.7254
Papua New Guinea
Median
10.15
Years covered
46
1975–2020
Data points
2,730

What the numbers show

Number of listed companies per 1,000,000 people is currently reported for 97 countries. The highest value is 406.25 in Seychelles; the lowest is 0.7254 in Papua New Guinea.

The median across all reporting countries is 10.15, and the mean is 29.37.

The gap between the highest and lowest reporting country is a factor of about 560.

Over the past decade 31 countries rose and 63 fell. The largest increase was in Seychelles (up 3,554.2%), and the largest decrease in Montenegro (down 66.4%).

Number of listed companies per 1,000,000 people: full country ranking

#Country LatestYear 10-year changeTrend
1 Seychelles 406.25 2020 up 3,554.2% volatile
2 Hong Kong, China 314.53 2020 up 58.3% volatile
3 Bermuda 203.41 2019 down 16.6% falling
4 Montenegro 180.47 2012 down 66.4% falling
5 Iceland 116.41 2004 up 29.0% rising
6 Canada 103.11 2020 down 4.0% falling
7 Singapore 80.73 2020 down 11.1% rising
8 Cyprus 76.2 2020 down 22.9% rising
9 Australia 74.03 2020 down 14.7% rising
10 Mauritius 73.47 2020 up 48.2% rising
11 Cayman Islands 60.86 2020 up 72.5% volatile
12 Spain 57.24 2020 down 19.5% volatile
13 Malta 52.39 2020 up 3.4% rising
14 Barbados 52.2 2020 down 29.9% falling
15 Israel 46.23 2020 down 40.9% rising
16 Luxembourg 46 2020 down 19.6% volatile
17 Republic of Korea 44.72 2020 up 24.4% volatile
18 Kuwait 38.17 2020 down 43.8% rising
19 Bulgaria 37.35 2020 down 29.2% volatile
20 Norway 35.02 2018 down 20.1% rising
21 Denmark 32.94 2004 down 29.1% falling
22 Sweden 31.15 2002 up 150.0% rising
23 Jamaica 30.06 2020 up 76.0% rising
24 Japan 29.73 2020 up 66.9% rising
25 United Kingdom of Great Britain and Northern Ireland 28.76 2014 down 30.6% falling
26 Malaysia 28.64 2020 down 14.8% rising
27 Switzerland 27.33 2020 down 13.1% rising
28 Croatia 25.69 2020 down 54.0% volatile
29 Finland 25.63 2004 up 100.6% rising
30 Bahrain 24.68 2020 down 30.4% falling
31 Latvia 24.48 2003 up 257.8% rising
32 New Zealand 23.97 2020 down 23.9% falling
33 Oman 21.74 2020 down 42.0% falling
34 Poland 20.63 2020 up 37.7% volatile
35 Jordan 17.54 2020 down 54.0% falling
36 Qatar 16.31 2020 down 29.6% falling
37 Greece 15.98 2020 down 35.8% rising
38 Lithuania 13.18 2003 down 22.1% falling
39 United Arab Emirates 13.14 2020 up 8.1% rising
40 United States of America 12.99 2019 down 9.4% falling
41 Sri Lanka 12.91 2020 up 8.5% rising
42 Slovenia 12.84 2020 down 63.5% volatile
43 Slovakia 12.38 2013 up 638.9% volatile
44 Botswana 11.53 2018 rising
45 Thailand 10.64 2020 up 32.2% rising
46 Paraguay 10.54 1999 rising
47 Belgium 10.38 2015 down 21.2% falling
48 Estonia 10.21 2003 down 43.4% falling
49 Chile 10.15 2020 down 23.7% falling
50 Palestine, State of 9.58 2020 down 7.0% rising
51 Ireland 8.83 2018 down 31.6% falling
52 Panama 7.88 2020 down 15.6% volatile
53 Viet Nam 7.65 2020 up 6.2% rising
54 Austria 7.63 2020 down 28.3% flat
55 France 6.81 2018 down 34.9% falling
56 Tunisia 6.77 2020 up 28.6% rising
57 Honduras 6.07 2001 down 62.7% falling
58 Peru 6.04 2020 down 12.0% falling
59 Netherlands 5.98 2018 down 53.4% falling
60 Saudi Arabia 5.95 2020 up 11.7% rising
61 Zimbabwe 5.84 1999 up 4.4% flat
62 Eswatini 5.75 2007 up 38.6% rising
63 Germany 5.27 2020 down 37.6% rising
64 Namibia 5.12 2020 up 54.9% falling
65 Kazakhstan 5.01 2020 up 34.1% rising
66 Italy 4.77 2014 up 2.3% rising
67 Hungary 4.62 2020 down 3.8% rising
68 South Africa 4.45 2020 down 35.2% falling
69 Türkiye 4.4 2020 up 21.0% rising
70 Iran, Islamic Republic of 4.37 2020 down 12.7% rising
71 Romania 4.21 2020 up 16.7% rising
72 Portugal 3.89 2018 down 25.3% volatile
73 Bangladesh 3.81 2020 up 193.1% rising
74 India 3.78 2020 down 7.3% rising
75 China 2.94 2020 up 90.9% volatile
76 Pakistan 2.85 2014 down 30.1% falling
77 Indonesia 2.61 2020 up 50.1% volatile
78 Philippines 2.45 2020 down 8.4% falling
79 Egypt 2.35 2020 down 14.5% volatile
80 Ecuador 2.05 2000 down 36.5% falling
81 Morocco 2.03 2020 down 10.0% rising
82 Argentina 2.02 2019 down 18.8% volatile
83 Costa Rica 1.96 2020 down 0.2% falling
84 Czechia 1.87 2020 up 22.4% volatile
85 Ukraine 1.75 2018 falling
86 Côte d'Ivoire 1.74 2020 down 8.2% falling
87 Brazil 1.62 2020 down 14.8% falling
88 Russian Federation 1.48 2020 down 62.0% volatile
89 Lebanon 1.47 2020 down 27.4% falling
90 Colombia 1.28 2020 down 31.2% falling
91 Zambia 1.25 2020 down 12.3% volatile
92 Venezuela, Bolivarian Republic of 1.23 2014 down 38.4% volatile
93 Kenya 1.12 2020 down 14.7% falling
94 Mexico 1.09 2020 down 4.7% volatile
95 Ghana 0.9977 2020 down 20.3% flat
96 Nigeria 0.8586 2020 down 36.7% falling
97 Papua New Guinea 0.7254 2016 down 46.4% falling

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Number of listed companies per 1,000,000 people by country. Statizoid, drawing on Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's. Retrieved 06 September 2026, from https://financial-sector.statizoid.com/stat/number-of-listed-companies-per-1-000-000-people/

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About this data

Indicator
Number of listed companies per 1,000,000 people
Source
Global Stock Markets Factbook and supplemental S&P data, Standard & Poor's
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
97 places, 2,730 data points, 1975–2020
Last refreshed

Number of publicly listed companies per 1,000,000 people. Number of listed domestic companies is the domestically incorporated companies listed on the country's stock exchanges at the end of the year. This indicator does not include investment companies, mutual funds, or other collective investment vehicles.